American Homes 4 Rent (NYSE:AMH) Sets New 1-Year Low – Here’s Why

American Homes 4 Rent (NYSE:AMH) shares hit a new 52-week low during trading on Thursday . The stock traded as low as $28.09 and last traded at $28.2710, with a volume of 123658 shares traded. The stock had previously closed at $28.27.

Wall Street Analyst Weigh In

A number of research firms recently commented on AMH. Raymond James Financial reaffirmed a “market perform” rating on shares of American Homes 4 Rent in a research note on Friday, February 27th. Scotiabank decreased their target price on American Homes 4 Rent from $33.00 to $31.00 and set a “sector perform” rating for the company in a research report on Wednesday, March 4th. BMO Capital Markets reiterated a “market perform” rating and set a $37.00 price target on shares of American Homes 4 Rent in a report on Friday, January 9th. Morgan Stanley reduced their price objective on American Homes 4 Rent from $40.00 to $39.00 and set an “overweight” rating for the company in a research note on Monday, March 9th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Homes 4 Rent in a research note on Wednesday, January 21st. Seven investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $35.53.

American Homes 4 Rent Stock Performance

The firm has a 50-day simple moving average of $30.65 and a two-hundred day simple moving average of $31.82. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $10.26 billion, a price-to-earnings ratio of 23.92, a price-to-earnings-growth ratio of 4.12 and a beta of 0.80.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings results on Thursday, February 19th. The real estate investment trust reported $0.33 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.14). The firm had revenue of $402.93 million during the quarter, compared to the consensus estimate of $459.24 million. American Homes 4 Rent had a net margin of 24.48% and a return on equity of 5.93%. The company’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.45 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. As a group, sell-side analysts forecast that American Homes 4 Rent will post 1.85 earnings per share for the current fiscal year.

American Homes 4 Rent Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be paid a $0.33 dividend. The ex-dividend date is Friday, March 13th. This is a positive change from American Homes 4 Rent’s previous quarterly dividend of $0.30. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.7%. American Homes 4 Rent’s dividend payout ratio is presently 111.86%.

Insider Buying and Selling at American Homes 4 Rent

In other news, Director Douglas N. Benham acquired 1,200 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The stock was acquired at an average cost of $24.20 per share, with a total value of $29,040.00. Following the acquisition, the director owned 44,717 shares in the company, valued at approximately $1,082,151.40. This represents a 2.76% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director David Goldberg purchased 2,000 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The shares were purchased at an average price of $29.30 per share, with a total value of $58,600.00. Following the completion of the acquisition, the director directly owned 36,723 shares of the company’s stock, valued at approximately $1,075,983.90. This trade represents a 5.76% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders have purchased 6,771 shares of company stock valued at $183,684. 6.32% of the stock is owned by insiders.

Institutional Trading of American Homes 4 Rent

Several hedge funds have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp boosted its holdings in American Homes 4 Rent by 1,103.6% in the 1st quarter. Jones Financial Companies Lllp now owns 13,047 shares of the real estate investment trust’s stock valued at $493,000 after purchasing an additional 11,963 shares during the period. ProShare Advisors LLC increased its stake in American Homes 4 Rent by 4.3% during the second quarter. ProShare Advisors LLC now owns 14,091 shares of the real estate investment trust’s stock valued at $508,000 after acquiring an additional 584 shares during the period. PNC Financial Services Group Inc. increased its stake in American Homes 4 Rent by 8.7% during the second quarter. PNC Financial Services Group Inc. now owns 17,676 shares of the real estate investment trust’s stock valued at $638,000 after acquiring an additional 1,421 shares during the period. Creative Planning raised its holdings in American Homes 4 Rent by 29.6% in the 2nd quarter. Creative Planning now owns 18,591 shares of the real estate investment trust’s stock valued at $671,000 after acquiring an additional 4,245 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of American Homes 4 Rent by 3.3% in the 2nd quarter. Cetera Investment Advisers now owns 16,819 shares of the real estate investment trust’s stock worth $607,000 after acquiring an additional 537 shares during the period. Institutional investors own 91.87% of the company’s stock.

American Homes 4 Rent Company Profile

American Homes 4 Rent (NYSE: AMH) is a publicly traded real estate investment trust (REIT) specializing in the acquisition, development and management of single-family rental homes. Since its initial public offering in April 2013, the company has focused on building a large-scale, professionally managed portfolio of homes designed to meet the needs of today’s renters. Its business model emphasizes the acquisition of well-located properties coupled with consistent, in-house property management to drive occupancy and long-term value.

As of the most recent reporting, American Homes 4 Rent owns and operates tens of thousands of homes across the United States, with concentration in key Sun Belt and high-growth markets.